Website – https://zmartbit.com/
If you are interested in cryptocurrency then you must have come across ZmartBit which claims to teach people how to make money with them. In this review, we are going to discuss this website in detail.
People have been looking for genuine ways to make money online. Although earning a stable income online is a very difficult task, it is not impossible. MLM (Multi-Level Marketing) networks have been on a rise, and allow people to make a decent amount of money.
Getting started with such websites is easy. One such website is ZmartBit, that offers its users an opportunity to make money online using MLM network.
But since I have never recommended an MLM program, will this one be any different? Let’s find out!
What Is ZmartBit?
Launched in 2019, ZmartBit is a relatively new website in the world of MLM (Multi-Level Marketing) website pool. The website is designed to train people in the Bitcoin/Cryptocurrency field.
They call this training the “Bitcoin/Crypto University”. Apart from this, the website also offers software that can be used for a variety of purposes in the Cryptocurrency field.
The one thing that separates this website from its competitors, is its excellent referral system. Although it is not free to become an affiliate, users can still quickly earn the amount that they have invested in becoming an affiliate.
ZmartBit follows a standard 4×10 matrix system, allowing users to make a healthy income from the referrals.
How Does It Work?
To get started on this platform, and to earn money, you first need to register on the website. To become an affiliate, an initial investment of $260 is required.
After you pay this amount and become an affiliate, all you have to do is refer others to the website. Whenever someone joins the website and becomes an affiliate through your link, you earn a commission.
This commission is not stagnant and depends on the affiliate tier.
Apart from this, the website only has a few videos to train you in the crypto field. They call these videos as the “Crypto University”.
The videos are quite vague and do no justice to the hefty amount paid upfront. Apart from this, the website offers no products as such.
The Compensation Plan
As stated earlier, ZmrtBit follows a 4×10 matrix system. This system, basically, places an affiliate at the top, with four referrals under them. These form the first level of the matrix. Every referral in this level then splits in four positions each. This continues till ten levels, creating a very robust referral system. The details have been explained below –
1. White – Pay $260, earn $125 per level 1 referrals (4 positions).
2. Green – Pay additional $260, earn $156 per level 2 referrals (16 positions).
3. Yellow – Pay additional $530, earn $156 per level 3 referrals (32 positions).
4. Orange – Pay additional $1,060, earn $156 per level 4 referrals (64 positions).
5. Blue – Pay additional $2,100, earn $156 per level 5 referrals (128 positions).
6. Pink – Pay additional $4,200, earn $78 per level 6 referrals (256 positions).
7. Bronze – Pay additional $8,300, earn $46 per level 7 referrals (512 positions).
8. Silver – Pay additional $8,400, earn $23 per level 8 referrals (1,024 positions).
9. Gold – Pay additional $8,500, earn $11 per level 9 referrals (2,048 positions).
10. Platinum – Pay additional $8,600, earn $6 per level 10 referrals (4,096 positions).
Basically you need to pay the system so that you can get started with making money from it. This is how typical MLM websites work, they take money from you so that you can go ahead and promote them.
Pros
1. The website offers an excellent 4×10 MLM network. This makes it a lot easier to earn money on the website.
2. The videos are accessible for free.
Cons
1. You need to pay $260 upfront, just to become an affiliate on the website.
2. The investments are very hefty on the later affiliate tiers.
3. The website is not well designed, making it difficult to use the website.
Would I recommend this website?
The fact that you have to pay $260 upfront just to get started with this website is unfair. At least promoting the website should be free but you need to pay to become an affiliate and receive affiliate commissions.
Most of the legit affiliate networks let you join them for FREE and you do not have to pay anything for just joining them. You are promoting them for FREE anyway so that is the least that they could do.
In this case, you are paying hundreds and some might even pay thousands of dollars to get a said affiliate status. This whole thing is a waste of time because let’s face it not many people would be ready to join this website.
People are now aware of MLMs and the strategies employed byMLMs are not in the good books. If you think that you can convince people to join then I would wish you luck but take my advice and try and stay away from them.
There are so many people who complain about losing money to such opportunities. Such websites are known for disappearing with the investments that are made by the people.
If you want to risk it then it is up to you but I would suggest hold back and look for other opportunities online.
Conclusion
ZmartBit is not the right website for anyone who wants to make money online. MLM programs are not the best when it comes to making money as they just encourage you to sell the membership of the website to others.
This whole point of selling the membership of the website to someone with the promise of the fact that they would make money with it in the future is plain wrong.
There are so many legit ways to make money online and you should consider them before you go ahead and invest your money with this one.
If you are serious about making money online then you can get started with affiliate marketing. I got started the same way and I can say that it is probably one of the cheapest ways to get started online for a beginner.
The course I joined does not require you to have any coding skills, and neither do you need to have an inventory. You can get started at an introductory offer of $19 a month and if you want a free trial you get that as well!
The course that I joined to learn affiliate marketing was Wealthy Affiliate. One of the reasons I went for it was because it had worked for many people in the past and it was affordable so I had nothing to lose.
You can join in the trial period and upgrade to premium within 7 days since it would just cost you $19 for the first month.
Inside the course, you would get a step by step training on how you can start your online business. The course is easy to understand and follow, apart from that, you would be able to get my personal opinion on your websites.
I could help you choose a profitable niche that can make money within 3-6 months. This might sound like a long time to make money, but that is how long it takes for any website to get off the ground.
You need to be consistent and put some effort into making money online. There is no ‘get rich quick’ scheme that works, and if it did, then everyone would be doing it, and no one would waste time working hard.
So, check out Wealthy Affiliate if you are interested in making a full-time income online. You can get started for FREE today!
==> Get Started for Free Today
If you have any questions about this course, then let me know in the comments below, and I would be happy to help!
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